Word: bankrupting
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...laid off by the state-owned leather factory where he worked for more than 25 years and was given a stipend of $10.50 a month, less than half his previous salary and not enough to support / his family of four. The leather plant is half shut and bankrupt because it cannot find a market for its shoddy goods...
...real scandal in welfare isn't the bad apples who break the law and abuse the system," Weld says. "The real scandal is the system itself. Welfare in Massachusetts is bankrupt. It is corrupt. It is messed up. And we're going to tear it apart and make it work...
...brokers as Barry Diller and Michael Ovitz, Perelman began to build an entertainment empire in 1989 when he bought New World, a small producer of movies and TV shows (Crime Story, The Wonder Years). Last year he started acquiring TV stations, first buying seven local outlets owned by then bankrupt SCI Television and later picking up eight more from two other station groups, in deals that are in various states of completion...
...primary care doctors inthe Harvard system, but they don't come in tolecture during the first two years," he says. "Idon't think that the contact we have with themright now tells us much about the life of aprimary care doctor. Seeing primary carephysicians that are successful and not bankrupt isnecessary...
Since going bankrupt in 1985, T.T.'s had been paying off its debts in small increments. Last week, one of T.T.'s creditors unexpectedly requested the owners to pay the remaining $10,000 owed within 30 days...